finolex cable looks bullish in medium term.

12 lug 2017

it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly.

so sl - 447, tgt1 - 551, tgt2 - 590

18 lug 2017

Trade attivo

till now 508.90

24 lug 2017

Trade attivo

it has to break the downtrend line to move up ,

19 ago 2017

Trade attivo

moving up as expected till now 524.9,

25 ago 2017

Trade attivo

till now 530.15

11 set 2017

Trade attivo

1st target done here, closed at 550.40.

5 ott 2017

Nota

bearish bat formed here in daily, and price reversed from PRZ. in.tradingview.com/x/Pd1FMssn/.

So risk averse traders may book the profits, total 11% profit.

26 nov 2017

Trade chiuso: obiettivo raggiunto

both the tgts are achieved here, also price is near channel resistance, total 28% gain till now

26 nov 2017

Nota

in daily, price is approaching for a squeeze,

9 dic 2017

Nota

price closed above upper BB and BB expansion happened here,